1030 G St - Apartments FOR SALE


Napa, CA 94559- Central Napa
$1,195,000 USD
707-294-2944
1030 G St, Napa, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/57
null | 5.49% Cap Rate


HIGHLIGHTS

  • Prime In-Town Napa Location: Convenient access to Downtown Napa, restaurants, retailers, services, and major transportation routes.
  • Stable, Proven Rental Demand: The four units have remained consistently occupied over the last several years, demonstrating strong tenant demand.
  • Attractive Small Multifamily Profile: Diverse unit mix, shared courtyard, stabilized NOI of approximately $65,550, and a manageable low rise four unit

OVERVIEW

W Commercial is pleased to present G Street Apartments, a four-unit multifamily investment opportunity located in Napa, California. The property offers a manageable low-unit-count apartment asset with stable in-place tenancy, a strong in-town location, and a clean stabilized income profile supported by executed leases and updated operating expenses. The offering is priced at $1,195,000, equating to approximately $298,750 per unit. Based on the current rent roll, lease-based recurring other income, a 5.0% vacancy factor, and updated utility charges, the property generates approximately $65,550 of stabilized net operating income, representing an implied stabilized cap rate of approximately 5.49%. G Street Apartments benefits from a desirable in-town Napa location with convenient access to Downtown Napa, local restaurants, retailers, coffee shops, services, and major transportation corridors. The property’s location should continue to appeal to tenants seeking proximity to Napa’s employment, hospitality, retail, and lifestyle amenities while maintaining a residential neighborhood setting. The units have been consistently occupied over the last several years, signaling strong tenant demand for the property and reinforcing the appeal of its location, unit mix, and overall rental profile. The asset also features a shared courtyard area, creating an inviting common outdoor space for tenants and adding to the overall residential feel of the property. The property is zoned RI-4, supporting its existing multifamily residential use and providing a straightforward investment profile for buyers seeking a stabilized Napa apartment asset.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$456 USD /SF

# OF UNITS

4

PRICE/UNIT

$298,750

CAP RATE

5.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

G Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,618 SF

ZONING

RI-4

APN/PARCEL ID

003-015-010

ASK ABOUT THIS PROPERTY

Michael HolcombW Real EstateMore Info
707-294-2944

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Michael HolcombW Real EstateMore Info
707-294-2944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.